Census Tract 1, Port Clarence, Alaska

Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Port Clarence, Alaska.

This 22,000 square milecensus tract has a population of approximately 5,900and is the only Opportunity Zone in Nome Census Area.

The adjacent map shows the location of this Opportunity Zone in Alaska.

Census Tract 1 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

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Median Household Income

$43K

This Opportunity Zone has a median household incomeof approximately $43,000, which is 43% lowerthan the median household income for the state of Alaska of $75,000.

Poverty Rate

31%

The percentage of households below the poverty line in this Opportunity Zone is 31%, which is 21% higherthan the rate for the state of Alaska of 10%.

Median Home Value

$88K

This Opportunity Zone has a median home valueof approximately $88,000, which is 69% lowerthan the median home value for the state of Alaska of $280,000.

Education

79%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 79%, which is 15% lowerthan the rate for the state of Alaska of 94%.

Median Age

26

This Opportunity Zone has a median ageof approximately 26, which is 26% lowerthan the median age for the state of Alaska of 35.

Alaska OZ Funds

There is 1QOZ Fundin the OpportunityDb database with an investment objective that specifically identify Alaskaas a target market. Additional OZ funds may also invest in Alaska; see a complete list of Opportunity Zone Funds here.

Fund Name Asset Classes Property Types Fund Size
PEG Opportunity Zone Impact Investors LP Real Estate Hotel, Multi-Famliy Housing, Residential, Retail $300M

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